U.S. says higher tariffs will hit China on Friday

U.S. Trade Representative Robert Lighthizer says the higher tariffs on China that President Donald Trump threatened over the weekend will take effect at 12:01 a.m. Eastern time Friday.

Lighthizer adds that trade negotiations with the Chinese will resume on Thursday in Washington.

In a briefing with reporters, Lighthizer accused Beijing of “reneging on prior commitments” after 10 rounds of high-stakes negotiations over China’s aggressive drive to supplant American technological dominance.